_completed consumer proposal 700450X THUMBNAIL (3)
Why Your Credit History Sucks After Completing a Consumer Proposal, and What You Can Do About It
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that numerous mistakes on their credit report ...
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Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test When It Gives a False Negative
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases where it makes sense to bypass this process, yet still ...
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Save 100k good hygiene
Good Credit Hygiene Saves Over $100K On Typical Mortgage
Many services are available to give Canadians free access to their credit scores, but the problem is they all provide different results. No industry standards exist to ensure credit score ...
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COVID-19

improve credit in canada fast
How to Fix or Rebuild Credit Fast in Canada
Situations often arise where a new mortgage application, or car loan/lease, is impacted by a credit score that's lower than ...
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Financial Wellbeing
COVID-19 Impact on Canadians’ Financial Well-Being
Running commentary and news updates on COVID-19's impact on banking, real estate, mortgages, government relief programs, personal credit, and other ...
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EI/CERB Updates
COVID-19 EI Benefits and CERB Updates — Q & A from Soc...
Stay at home orders have forced many Canadians to be temporarily out of work and collecting government benefits for the ...
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Renew Mortgage
COVID-19 Q & A: Is It Possible to Renew a Mortgage While In ...
A reader asks whether COVID-19 has affected her ability to renew a mortgage while still in a consumer proposal, and ...
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Financial Q&A
COVID-19 Financial Questions and Answers
A running thread of reader questions and our answers and research about the impact of COVID-19 on your finances ...
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Recent Articles

CMHC'S IMPACT 700450X THUMBNAIL (1)
How Will Borrowers Be Impacted By CMHC’s Tougher Canadian M...
With a shell-shocked COVID-19 Canadian economy as backdrop, CMHC moved to tighten lending standards for insured mortgages. New rules for CMHC-insured mortgages are intended to reduce the risk of increasing ...
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_buy a home completed consumer proposal 700450X THUMBNAIL
How Long Do You Have to Wait After Completing a Consumer Proposal...
Once a consumer proposal is paid in full, many Canadians turn their attention to buying or refinancing their home. What is the recommended waiting time after completion before purchasing a ...
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_completed consumer proposal 700450X THUMBNAIL (3)
Why Your Credit History Sucks After Completing a Consumer Proposa...
A horrible credit score after finishing a consumer proposal isn't necessarily your fault. Many who've completed a consumer proposal are surprised to learn that numerous mistakes on their credit report ...
Read More
mortgages 101 700450X THUMBNAIL
Mortgages 101 — What You Need to Know Before Applying For a...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it work. In this article, we cover the basics of getting ...
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mortgages 101 700450X THUMBNAIL
Mortgages 101 — What You Need to Know Before Applying For a...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
Read More
Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test When It Gives a...
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
Read More
mortgage pre approval 700450X THUMBNAIL (2)
Mortgage Pre-Approval in Canada: What It Is & How to Get it
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
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first time 700450X THUMBNAIL
First Time Home Buyers Ontario: Everything You Need to Buy Your F...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
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review credit history 700450X THUMBNAIL
You Must Review Your Credit History Before a Mortgage
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
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All Articles

CMHC'S IMPACT 700450X THUMBNAIL (1)
How Will Borrowers Be Impacted By CMHC’s Tou...
With a shell-shocked COVID-19 Canadian economy as backdrop, CMHC moved to tighten lending standards for insured mortgages. New rules for ...
Read More
mortgages 101 700450X THUMBNAIL
Mortgages 101 — What You Need to Know Before...
Most first-time buyers lack sufficient funds to purchase their home outright and require loan financing (a mortgage) to make it ...
Read More
Mortgage Stress Test
How To Bypass Canada’s Mortgage Stress Test ...
Canada's mortgage stress test was designed to help ensure Canadians don’t overstep their financial means. However, there are special cases ...
Read More
Is Mortgage Pre-Approval Worth It
Is Mortgage Pre-Approval Worth It
Whether shopping for a new home, have a mortgage renewal coming up, want to refinance or just want to know ...
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mortgage pre approval 700450X THUMBNAIL (2)
Mortgage Pre-Approval in Canada: What It Is &...
Mortgage pre-approval is used by lenders to “vet” borrowers and estimate spending ability for a home purchase. Seven factors determine ...
Read More
first time 700450X THUMBNAIL
First Time Home Buyers Ontario: Everything You Nee...
In this primer for first time homebuyers, we examine how you know you're ready to take the leap, 7 steps ...
Read More
The Difference Between Down Payment And Deposit
The Difference Between Down Payment And Deposit
Published: • The Meaning of Down Payment VS Deposit can be confusing... First-time buyers can sometimes get confused by the ...
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35 year am may reduce mortgage payment by ten percent
35 year am may reduce mortgage payment by ten perc...
Home Prices Are On The Rise - Affordability is a Big Issue The thirty-five year amortization period mortgage is a ...
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No credit history 700450X THUMBNAIL
No credit history qualified for a mortgage
With Careful Planning and Execution, You Can Go From Zero To a Great Credit Score Quickly Five months ago, Arun Kumar ...
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review credit history 700450X THUMBNAIL
You Must Review Your Credit History Before a Mortg...
Discovery of errors on a credit report at the last minute could have cost homebuyers the home they wanted if ...
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Explain Mortgage Amortization Period and Term
Explain Mortgage Amortization Period and Term
Published: • Mortgage Vocabulary: What's the Difference Between 'Amortization Period' and 'Mortgage Term'? Mortgage professionals often fall into the trap ...
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Condos Are The New Starter Home
Condos Are The New Starter Home
Published: • Traditional Home Now A Luxury; Condos Are Where Most Start A few years ago, mortgage insurers and lenders ...
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type of mortgage 700x450X THUMBNAIL
What Type Of Mortgage Is Right For You
There is a lot more to choosing your mortgage than simply hammering your banker into submission and nailing the lowest ...
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RISING REAL ESTATE 700x450X THUMBNAIL
Rising real estate values creating lots of problem...
How can young people afford to buy homes these days? They can't. Today I want to vent about a few ...
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First home or student loans_2 700x450X THUMBNAIL
Buy first home or repay student loans?
Published: • Reader Asks: "What's the Right Choice? Pay Down Student Debt, Or Save Down Payment For Investment Property?" Today's ...
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First home or student loans?
First home or student loans?
Should you buy your first home or pay off your student debt? This is part two of the response to ...
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No Condition of Financing Nightmare
No Condition of Financing Nightmare
Published: • Stress of Bidding Wars Drives Homebuyers to Abandon Safety of Financing Condition Multi-offer situations (bidding wars) typically rear ...
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4 Ways To Buy A Home With No Down Payment
4 Ways To Buy A Home With No Down Payment
Published: • For those who want to buy a home with no down payment From time to time I meet ...
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When Do We Get The Keys To Our New House
When Do We Get The Keys To Our New House
We Bought A New House - When Do We Get The Keys? Dear Ross, we are buying our first home ...
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How can they pay down their mortgage faster 700x450X THUMBNAIL
How can they pay down their mortgage faster
Want to pay your mortgage down faster? You can, but here's what you need to know Dear Ross, we have ...
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Will a Mortgage Pre Approval Affect My Credit Score
Will a Mortgage Pre Approval Affect My Credit Scor...
If I ask for a pre-approval, will it reduce my credit score? Dear Ross, we are looking around for our ...
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Can you include overtime pay when you apply for a mortgage?
Can you include overtime pay when you apply for a ...
You might be able to include overtime when you apply for a mortgage! Dear Ross, I work at an assembly ...
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The Risks Of Variable Rate Mortgages
Think a variable rate mortgage is a piece of cake? Read this! I just read an excellent analysis by Rob ...
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Home Inspection Saved a Disaster
Don't Get Swept Up In An Emotional Bidding Frenzy and Forgo Home Inspection A couple of weeks ago, during the ...
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How to avoid mortgage fraud
How to avoid mortgage fraud - tips from a pro Here is an article by Dianne Nice from the Globe ...
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Money tips for couples
Engaged or Married? Quick Money Tips For A Great Start On The Road of Life This article is the third ...
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Poor credit scores result in high home insurance c...
Another reason to have a high credit score - home insurance costs! Last week James Daw of the Toronto Star ...
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